African Export-Import Bank (Afreximbank) has disbursed $250 million of the $1.1 billion that supported the acquisition by Trans Niger Oil and Gas Limited (TNOG) of a...
World Bank has said that Economic inclusion programs has helped to boost the income and assets ofthe world’s poorest individuals and households with a “big push”...
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the...
Crude oil prices dropped lower rising Coronavirus cases and tighter restrictions in Europe and China fuelled worries over a slower recovery in fuel demand. However while...
As part of effort to boost the operations of the nation’s petroleum sector, President Muhammadu Buhari will on January 21, 2021, virtually initiate the National Oil...
The Chevron Nigeria Limited, CNL, has held divergent views with members of its host communities in Bayelsa on leakages reported at Funiwa Oil Fields operated by...
The Nigerian National Petroleum Corporation (NNPC) has said that it earned a total export receipt for crude oil and gas valued at $120.49 million for the...
Tony Elumelu Heirs Holding, said it has acquired a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG oil and gas...
Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC)...
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the...
A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs,...
Indications are that the Nigerian National Petroleum Corporation is seeking to raise the sum of $1 billion to finance its moribund Port Harcourt Refining and Petrochemical...
PriceWaterhouseCoopers (PwC) has in a study said that Covid-19 will cost Nigeria and other African oil-producing countries an estimated $1 trillion in oil export revenues over...
Lagos Chamber of Commerce and Industry has urged the National Assembly to put in place a law that will promote a more effective and efficient governance,...